Gareth Vaughan | interest.co.nz

About

Gareth is editor of interest.co.nz and has worked for more than 20 years as a financial journalist in New Zealand and the United Kingdom. He has received awards in the EY Business Journalism Awards, Canon Media Awards, and Shareholders' Association Business Journalism Awards.

Member for

15 years 6 months

Latest articles

ANZ sees new hike in govt borrowing

ANZ says the govt is likely to increase planned debt sales in PREFU to cover NZ$4 bln EQC blowout

12th Oct 11, 3:38pm

by Gareth Vaughan

ANZ says the govt is likely to increase planned debt sales in PREFU to cover NZ$4 bln EQC blowout

BNZ creates new executive role

BNZ switches institutional banking head Shelley Ruha to new role of director for product and operations

12th Oct 11, 10:46am

by Gareth Vaughan

BNZ switches institutional banking head Shelley Ruha to new role of director for product and operations

How S&P could derail Kerr's PGC bid

George Kerr's PGC takeover bid could be derailed by credit rating downgrades of the big Aussie banks and Heartland NZ

11th Oct 11, 4:00pm

by Gareth Vaughan

George Kerr's PGC takeover bid could be derailed by credit rating downgrades of the big Aussie banks and Heartland NZ

Simon Power joining Westpac

Commerce Minister Simon Power joining Westpac, heading up banking services to its wealthy 'premium' personal customers

11th Oct 11, 2:13pm

by Gareth Vaughan

Commerce Minister Simon Power joining Westpac, heading up banking services to its wealthy 'premium' personal customers

RBNZ's covered bond comfort

RBNZ happy for banks to launch covered bond programmes well in excess of the central bank imposed 10% cap on assets

10th Oct 11, 4:23pm

by Gareth Vaughan

RBNZ happy for banks to launch covered bond programmes well in excess of the central bank imposed 10% cap on assets

Lack of financial prudence damning

Opinion: Treasury's ambulance at the bottom of the Crown retail deposit guarantee scheme cliff wasn't good enough

10th Oct 11, 2:33pm

by Gareth Vaughan

Opinion: Treasury's ambulance at the bottom of the Crown retail deposit guarantee scheme cliff wasn't good enough

Heartland repays Wrightson bonds

Heartland NZ repays NZ$92.3 million of PGG Wrightson Finance bonds after acquisition of rural lender

10th Oct 11, 11:02am

by Gareth Vaughan

Heartland NZ repays NZ$92.3 million of PGG Wrightson Finance bonds after acquisition of rural lender

RBNZ's Equitable warning ignored

How Treasury ignored RBNZ's advice on "high risk" Equitable Mortgages which ultimately failed carrying NZ$178 mln of taxpayer guaranteed deposits

6th Oct 11, 4:00pm

by Gareth Vaughan

How Treasury ignored RBNZ's advice on "high risk" Equitable Mortgages which ultimately failed carrying NZ$178 mln of taxpayer guaranteed deposits

Allied Farmers-Hanover settlement

Allied Farmers settles NZ$5m dispute with Hanover; Will convert capital notes into shares; Reveals NZ$41m audited annual loss

6th Oct 11, 1:44pm

by Gareth Vaughan

Allied Farmers settles NZ$5m dispute with Hanover; Will convert capital notes into shares; Reveals NZ$41m audited annual loss

Muir paid equivalent of 64% of firm's profit

Ex-Hanover chairman Greg Muir paid NZ$959,000 as Tru-Test boss versus company's NZ$1.49 million profit

6th Oct 11, 12:38pm

by Gareth Vaughan

Ex-Hanover chairman Greg Muir paid NZ$959,000 as Tru-Test boss versus company's NZ$1.49 million profit

Westpac's 'corrective action' on bank rules

Reserve Bank reveals 'corrective action' to overcome Westpac breach of bank registration conditions

5th Oct 11, 3:59pm

by Gareth Vaughan

Reserve Bank reveals 'corrective action' to overcome Westpac breach of bank registration conditions

ASB's NZ$12.3 bln covered bond plans

At 7 billion euros (NZ$12.3 billion), ASB launches a covered bond programme almost twice the size of its Reserve Bank mandate

5th Oct 11, 3:58pm

by Gareth Vaughan

At 7 billion euros (NZ$12.3 billion), ASB launches a covered bond programme almost twice the size of its Reserve Bank mandate

New chief risk officer for BNZ

BNZ hires Renée Roberts from its parent National Australia Bank as new chief risk officer

5th Oct 11, 12:30pm

by Gareth Vaughan

BNZ hires Renée Roberts from its parent National Australia Bank as new chief risk officer

RBNZ avoids the PIIGS

Reserve Bank slashes its exposure to French and US govt securities, ramps up German exposure

4th Oct 11, 4:36pm

by Gareth Vaughan

Reserve Bank slashes its exposure to French and US govt securities, ramps up German exposure

How Treasury helped taxpayer lose $1.1 bln

Auditor General says Treasury lacked financial prudence in administering Crown retail deposit guarantee scheme; Let taxpayer risk grow

4th Oct 11, 3:29pm

by Gareth Vaughan

Auditor General says Treasury lacked financial prudence in administering Crown retail deposit guarantee scheme; Let taxpayer risk grow

HSBC grows home loans in June qtr

HSBC sees June quarter profit fall as expenses rise and income drops; Grows residential mortgage book

3rd Oct 11, 5:03pm

by Gareth Vaughan

HSBC sees June quarter profit fall as expenses rise and income drops; Grows residential mortgage book

Rise and rise of floating mortgages stalls

Floating rate home loans by value fall month-on-month for the first time in 24 months

3rd Oct 11, 4:05pm

by Gareth Vaughan

Floating rate home loans by value fall month-on-month for the first time in 24 months

Commodity prices drop for 4th month

ANZ Commodity Price Index slips 1.3% in September for its fourth straight monthly decline

3rd Oct 11, 1:28pm

by Gareth Vaughan

ANZ Commodity Price Index slips 1.3% in September for its fourth straight monthly decline

House prices 'overvalued', says ANZ

New Zealand house prices remain overvalued by up to 10% says ANZ

3rd Oct 11, 11:53am

by Gareth Vaughan

New Zealand house prices remain overvalued by up to 10% says ANZ

Aussie banks oppose Tobin Tax

Australian bank lobby group hits out at Financial Transactions Tax; Says it's a 'magic pudding tax' and taxpayer money not used to bail out Aussie banks

3rd Oct 11, 10:16am

by Gareth Vaughan

Australian bank lobby group hits out at Financial Transactions Tax; Says it's a 'magic pudding tax' and taxpayer money not used to bail out Aussie banks

Profit jump at JPMorgan's NZ arm

JPMorgan Chase makes NZ$14 mln half-year profit, double Kiwibank's, and now has nearly NZ$900 mln of assets in NZ

30th Sep 11, 3:53pm

by Gareth Vaughan

JPMorgan Chase makes NZ$14 mln half-year profit, double Kiwibank's, and now has nearly NZ$900 mln of assets in NZ

S&P joins Fitch in downgrading NZ

Standard & Poor's downgrades New Zealand's sovereign credit rating citing weakening of fiscal position, calls for greater savings

30th Sep 11, 2:01pm

by Gareth Vaughan

Standard & Poor's downgrades New Zealand's sovereign credit rating citing weakening of fiscal position, calls for greater savings

Auckland Airport eyes NZ$100m bond issue

Auckland International Airport looks to raise up to NZ$100 mln in fixed-rate 6 year retail bond issue

29th Sep 11, 5:29pm

by Gareth Vaughan

Auckland International Airport looks to raise up to NZ$100 mln in fixed-rate 6 year retail bond issue

Kiwibank trims 2, 3 yr mortgage rates

Kiwibank drops its two and three year home loan interest rates to bring them in line with those offered by ASB and Westpac

29th Sep 11, 5:13pm

by Gareth Vaughan

Kiwibank drops its two and three year home loan interest rates to bring them in line with those offered by ASB and Westpac

Hart drives investment banker fees

Credit Suisse, JP Morgan receive highest NZ investment banking fees despite lack of local presence

29th Sep 11, 4:06pm

by Gareth Vaughan

Credit Suisse, JP Morgan receive highest NZ investment banking fees despite lack of local presence